Here is the latest update from Newcastle for Intermediaries. For full details see their latest product information here. Access these product via our direct to lender mortgage club and get the benefits of payment on completion.
Announcement
Newcastle for Intermediaries Update
I’m really pleased to announce that Newcastle for Intermediaries has increased the proc fee for all product transfers to 0.3%, effective from 3 December 2024. This change applies to all product transfers, including those already in progress, ensuring you’ll benefit from the new rate no matter where you are in the process.
This change reflects our appreciation for the expertise brokers bring to supporting clients at maturity and was made in response to your feedback. Combined with recent investments in our website and mortgage platform, we’re focused on making it easier for you to do business with us and rewarding the hard work your brokers conduct every day.
Below is a link to the communication, hosted on our website.
We’ve increased our product transfer proc fee to 0.3%